StreamBank

About StreamBank

StreamBank PLC was incorporated in 2019 and received its authorisation with restrictions from the FCA in July 2022, with the full banking licence following in February 2023. The bank was founded by Alex Pusco, the Romanian-born entrepreneur behind ActivTrades — a UK-based electronic trading platform with a presence across Europe and South America. StreamBank is Pusco's banking venture, built with the same technology-first philosophy that characterises ActivTrades.

The CEO is Steve Pateman, whose CV spans some of the most significant names in specialist and challenger banking. He was CEO of Shawbrook Bank for three years and CEO of Hodge before that, and earlier held senior roles at Santander and RBS/NatWest. That depth of lending experience — from challenger bank launch through to regulatory complexity and funding structure — is directly relevant to building a new bank from scratch in the specialist property sector.

StreamBank achieved full-year profitability in its second year of operation, a significant milestone for a newly licensed bank and a reflection of tight credit underwriting and a carefully managed cost base. The bank moved to its new headquarters at Capital Tower in Cardiff in early 2025, reflecting an ambition to establish a meaningful presence in Cardiff's financial sector. Bridging rates from 0.65% per month are competitive at the lower end of the specialist bank range.

Bridging Loans from StreamBank

StreamBank lends from £100,000 to £3 million on bridging, with terms up to 24 months and LTVs up to 75%. Rates from 0.65% per month. Both regulated and unregulated bridging products are available. Development finance and commercial mortgages are also offered. All applications go through registered intermediaries only.

What Can StreamBank Finance?

• Regulated bridging — owner-occupied and chain-break scenarios
• Unregulated residential bridging
• Commercial and mixed-use property
• Refurbishment and light development
• Development exit finance
• Commercial mortgages

How to Apply with StreamBank

StreamBank works exclusively through registered intermediaries. Enquiries go to [email protected] or by phone on 02039 734 788. The bank is headquartered at Capital Tower, 23rd Floor, Greyfriars Road, Cardiff CF10.